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Countertrade pertains to firms engaging in the exchange of goods with another company similar to barter. There is a very minimal currency involved. For firms,
Countertrade pertains to firms engaging in the exchange of goods with another company similar to barter. There is a very minimal currency involved. For firms, it is useful exporting to developing countries that cannot afford to pay the goods in international currencies.
Are there any conditions that a country may prohibit local firms from exporting their product to another country? Explain
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